Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000?

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During the week of November 17-24, the Bitcoin price decreased by 20 percent. Afterward, financial commentator Peter Schiff made a prediction that the Bitcoin price will fall to around $1000. A similar prediction was made by well-known Tradingview analyst @MagicpoopCannon, who stated that there is a possible head and shoulders (H&S) developing in the Bitcoin price since May.
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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